Stocks To Buy: Nomura's top OMC pick has the potential to rise another 33%

Nomura wrote in its note that IOC is likely to benefit from capacity addition amidst a refining upcycle and in these times of volatile oil prices, the state-run oil refiner is better placed compared to peers.

May 20, 2026 - 06:00
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Stocks To Buy: Nomura's top OMC pick has the potential to rise another 33%
Nomura wrote in its note that IOC is likely to benefit from capacity addition amidst a refining upcycle and in these times of volatile oil prices, the state-run oil refiner is better placed compared to peers.

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